In first, Arab Israeli appointed chairman of Israel’s largest bank Samer Haj-Yehia’s first task at Bank Leumi is to find a new CEO — the incumbent quit hours before the announcement of his hiring.
3 ex-Bank Leumi execs to return millions in bonus money The former CEO is among the officials at Israel’s second largest bank who agreed to repay a total of some $1.3 million in the wake of a massive tax evasion scandal.
Bank Leumi to pay $400 million to settle tax evasion probes Israel’s second largest bank also fired several senior employees who perpetuated tax and loan scams.